Multiple Choice
Eight years from now,you will be inheriting $100,000.What is this inheritance worth to you today if you can earn 7.25 percent interest,compounded annually?
A) $57,124.39
B) $63,215.46
C) $58,419.05
D) $61,798.47
E) $53,003.15
Correct Answer:
Verified
Correct Answer:
Verified
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